What is Aladdin Coin (What is the Aladdin Platform)?

What is Aladdin Coin? According to the official introduction of Aragon, Aradon i

What is Aladdin Coin (What is the Aladdin Platform)?

What is Aladdin Coin? According to the official introduction of Aragon, Aradon is a digital asset based on the Ethereum protocol (such as Tether and Algorand). It allows users to exchange fiat currencies, stable assets, and profits through smart contract transactions by purchasing Bitcoin or other cryptocurrencies with US dollars.

In addition to holding cryptocurrencies, Aladdin can also be used to pay bills. For example, if there are 1,000 bitcoins or 10,000 USDT in a bank account, they can be exchanged for about $50 in cash. In addition, Aladdin can also be used for various lending activities.

What is the Aladdin Platform

Aladdin is a decentralized trading platform that allows users to buy and sell Bitcoin, Ethereum, and other cryptocurrencies. The exchange was launched by the Alameda Research development team in April 2021 and supports trading pairs and liquidity providers for more than 30 cryptocurrencies.

Currently, Alameda has conducted money laundering through Tornado.Cash and has frozen accounts. However, users can deposit their assets into Tornado.cash through Tornado.Cash. In addition, Aladdin also provides users with a way to quickly acquire cryptocurrencies to store their tokens (ALert).

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